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What is the EAR (effective annual rate) of 10% compounded monthly? A. 9.27% B. 10.00% C. 10.25% D. 10.38% E. 10.47%
What is the EAR (effective annual rate) of 10% compounded monthly?
| A. | 9.27% | |
| B. | 10.00% | |
| C. | 10.25% | |
| D. | 10.38% | |
| E. | 10.47% |
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Health Care Finance Basic Tools For Nonfinancial Managers
Authors: Judith J. Baker, R.W. Baker
3rd Edition
076377894X, 978-0763778941
